Atlantica (Atlantica) EBIT : $-0.28 Mil (TTM As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Atlantica EBIT?

Atlantica's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.28 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Atlantica's annualized ROC % for the quarter that ended in Mar. 2024 was -55.42%. Atlantica's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Atlantica's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -8.09%.

Atlantica EBIT Historical Data

The historical data trend for Atlantica's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Atlantica EBIT Chart

Atlantica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

-0.31

-0.22

-0.17

-1.36

-0.23

Atlantica Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															-0.05	-0.07	-0.05	-0.05	-0.10

Competitive Comparison of Atlantica's EBIT

For the Shell Companies subindustry, Atlantica's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Atlantica's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Atlantica's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Atlantica's EV-to-EBIT falls into.

Atlantica EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.28 Mil.

Atlantica (OTCPK:ALDA) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Atlantica's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-0.404 * ( 1 - 0% )	/	( (0.713	+	0.745)	/ 2 )
=	-0.404	/	0.729
=	-55.42 %

where

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0	-	4.54	-	( 0	-	max(0, 5.253	-	0	+	0	))
=	0.713

	Invested Capital		(Q: Mar. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0	-	4.65	-	( 0	-	max(0, 5.395	-	0	+	0	))
=	0.745

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Atlantica's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.404	/	( ( (0 + max(-4.539, 0))	+	(0 + max(-4.65, 0)) )	/	1 )
=	-0.404	/	( ( 0	+	0 )	/	1 )
=	-0.404	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(4.54	+	0	+	-0.00099999999999945)
=	-4.539

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(4.65	+	0	+	-8.8817841970013E-16)
=	-4.65

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Atlantica's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-0.275	/	3.398
	=	-8.09 %

Atlantica EBIT Related Terms

Thank you for viewing the detailed overview of Atlantica's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Atlantica (Atlantica) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Atlantica Inc (OTCPK:ALDA) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Richland, Gordon & Company, 11450 SE Dixie Highway, Hobe Sound, FL, USA, 33455

Website

Atlantica Inc is a shell company. It is seeking potential assets, property or businesses to acquire, in a business combination, by reorganization, merger or acquisition.

Executives

Shelley Goff	officer: CFO and Secretary	2598 CANYON VIEW, SANTA CLARA UT 84765
Richard F. Strup	director	3045 NORMANDY PLACE, EVANSTON IL 60201
Pierce Frederick G. Ii	director	70 WEST CHIPPEWA ST., SUITE 500, BUFFALO NY 14202
Duane S Jenson	director, 10 percent owner, officer: President	4685 SOUTH HIGHLAND DRIVE # 202, SALT LAKE CITY UT 84111
Alan D. Gordon Gs Trust	10 percent owner	C/O RICHLAND, GORDON & COMPANY, 875 NORTH MICHIGAN AVE., CHICAGO IL 60611
Mirabella Holdings, Llc	10 percent owner	C/O RICHLAND, GORDON & COMPANY, 875 NORTH MICHIGAN AVE., CHICAGO IL 60611
Alan D. Gordon	10 percent owner, officer: President and CEO	C/O RICHLAND, GORDON & COMPANY, 875 NORTH MICHIGAN AVE., CHICAGO IL 60611
Thomas J Howells	10 percent owner	4685 SOUTH HIGHLAND DRIVE # 202, SALT LAKE CITY UT 84117
Travis T Jenson	10 percent owner	4685 SOUTH HIGHLAND DRIVE # 202, SALT LAKE CITY UT 84117
Leonard W Burningham	10 percent owner	455 EAST 500 SOUTH SUITE 205, SALT LAKE CITY UT 84111
Teresa H Jenson	director, 10 percent owner, officer: Vice President	8842 HIGHFIELD ROAD, PARK CITY UT 84098

Atlantica (Atlantica) Headlines

No Headlines